This Article is From Jul 02, 2018

GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform

GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
New Delhi:

On the completion of one year of the rolling out of the GST plan, the government celebrated GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry had yesterday said the first year has been remarkable both for the sheer variety of challenges that its implementation had thrown up and for the willingness and ability of policy makers and tax administrators to rise up to these challenges and respond befittingly. PM Modi and other Union ministers congratulated the nation on the occasion.

Here are the live updates of GST Day celebrations: 



Jul 01, 2018 13:19 (IST)

"I am confident that the best implementation of GST is yet to come": Arun Jaitley 

Jul 01, 2018 13:17 (IST)
Jul 01, 2018 13:17 (IST)

"Total tax base itself has increased significantly. These are the changes taking place on account of GST implementation. As tax collection goes up, capacity to rationalize rates will increase. I have no doubt in mind that the total basket of taxes, last 4 years have shown 1.5% increase. I was in Singapore last year, and they asked me why we have multiple slabs. I said, you are a city state. We can't afford to tax food like you. Therefore we have to keep vulnerable out of the tax system," Arun Jaitley said.

Jul 01, 2018 13:14 (IST)

"Despite challenges, we had a direct tax increase of 18% last year. First quarter of this year shows personal income tax collection has increased 45%. Remarkable changes taking place with GST," Mr Jaitley said.  

Jul 01, 2018 13:10 (IST)
Jul 01, 2018 13:06 (IST)

"We had 27 meeting of council so far. It has become role model of governance. It is India's first federal decision making body and I made sure that all decisions were with a consensus": Arun Jaitley

Jul 01, 2018 13:05 (IST)

"No reform of this magnitude is possible if the head of country is not with you. We had support of the PM," Mr Jaitley said.

Jul 01, 2018 13:03 (IST)

"Today marks 1st anniversary of monumental economic reform. We had complicated, clumsy tax systems. Each state required a separate return. India had a fragmented market and it needed this system," Aryn Jaitley said.

Jul 01, 2018 13:03 (IST)
Arun Jaitley addresses media on GST
Jul 01, 2018 12:54 (IST)
Jul 01, 2018 11:28 (IST)
World has hailed GST's positive impact on Indian economy: Amit Shah
Jul 01, 2018 11:21 (IST)
"Congratulations on one year of GST - a historic tax reform": Amit Shah

Jul 01, 2018 10:20 (IST)
Suresh Prabhu hails GST on Twitter

Jul 01, 2018 10:18 (IST)
Jul 01, 2018 09:21 (IST)

GST truly a people's tax, says Dharmendra Pradhan 

Jul 01, 2018 09:19 (IST)
Piyush Goyal congratulates nation on GST Day  

Jul 01, 2018 09:07 (IST)
GST was launched on the midnight on June 30 last year by Prime Minister Narendra Modi and the then President Pranab Mukherjee. It was aimed at bringing all taxes into a single window along the lines of the 'One Nation - One Tax - One Market' goal. 
Jul 01, 2018 08:37 (IST)
Union Minister for Railways, Coal, Finance and Corporate Affairs Piyush Goyal to preside over as the Chief Guest of the event and Minister of State for Finance, Shri Shiv Pratap Shukla to be the Guest of Honour. 
Jul 01, 2018 08:26 (IST)
Central Excise Office organises a special run on GST Day
Jul 01, 2018 08:14 (IST)
PM Modi congratulates people on GST Day

Finance Ministry also took to Twitter to congratulate people
Jul 01, 2018 08:09 (IST)
"GST has brought transparency": PM Modi

Jul 01, 2018 08:02 (IST)

GST Helpline Number For Consumers Soon

Union Minister Piyush Goyal has said that a telephone helpline number will be started soon, where consumers can report against those traders who evade tax by not issuing purchase bill.

 On completion of 1st Year of implementation of the historic Indirect Tax Reform of GST, the Union Minister of Railways,Coal,Finance & Corporate Affairs,Shri @PiyushGoyal thanked everybody including States/UTs Govts, business community especially small traders & political parties.